1302 Elmshade CV, Round Rock TX 78664

After reviewing 7 recent transactions in FOREST RIDGE, I estimate this property's value at $332,507. A competitive list price for this home right now would fall in the $405,000 to $407,000 range. This home's position in the current FOREST RIDGE market: the most affordable of 6 comparable homes on the market among comparable properties. At 6 years older than typical comps, the 1997 build date influences the valuation. The smaller lot (0.00 acres versus the area average of 0.20) contributes to the valuation. With 6 similar homes currently listed in FOREST RIDGE (a seller's market), competition is a factor to consider. Prices in FOREST RIDGE have fallen 0.3% over the last 6 months. A similar home at 1619 Shady Hillside PASS, Round Rock TX 78665 carries an adjusted comparable value of $315,752, providing a strong data point. With 7 comparable sales in FOREST RIDGE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group